Category Archives: Budget

Inflation’s Different Effects on Different Income Groups: The Danger for South Africa

Each month Statistics SA releases the inflation figure (CPI). Currently it is 5.9% which is a considerable improvement on February’s 7%. What is interesting is the CPI figure is a composite of five quintiles of income groups – from the … Continue reading

Posted in Budget | Tagged , , | Comments Off on Inflation’s Different Effects on Different Income Groups: The Danger for South Africa

Are We Headed for Junk Status or Only Tax Increases?

“We have to show that we will stick to our undertakings on consolidation, but on the other hand we have got to be very mindful that fiscal consolidation in the absence of growth does damage growth further.” (Finance Minister Pravin … Continue reading

Posted in Budget | Tagged , , | Comments Off on Are We Headed for Junk Status or Only Tax Increases?